Posts Tagged ‘trading digital assets’
Aryze to Launch Digital Cash, a new stable coin
Danish Fintech Aryze to launch digital cash, a new stable coin ARYZE is a Danish fintech working to change the way the world uses money by it digital, direct and dynamic. And now, with a new fund-raising round, they have secured DKK5.8 million (USD 921K) and the funding round was 29% oversubscribed, and ARYZE is…
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Digital Asset Insights #16
Digivault Gains FCA Approval
This week in the digital currency community, a lot of developments are coming to light. There are new developments in anti-money laundering regulations in the U.K. as Digivault, a custodial arm of Diginex won regulatory approval from the Financial Conduct Authority (FCA) in the U.K. to register as a custodian wallet provider. This makes Diginex…
Read More Digital Asset Insights #15
Marathon OFAC Pool Attracts Criticism
Marathon OFAC Pool Attracts Criticism The new week ushered in a variety of events. One major event is mining a fully regulation-compliant mining pool by Marathon Digital Holdings (MARA). The new mining pool was successfully mining a bitcoin block that is “fully compliant with U.S. regulations.” And this impacts individuals with dealings in dark web…
Read More Digital Asset Insights #14
Mastercard to pair with Central bank digital currencies?
Last week marked the end of April and ushered in the new month. The digital asset space for the week seemed to be centered around the price of bitcoin and the interest of several financial corporations in the digital asset space. First on the list is Mastercard, which noted the company’s interest in investing in…
Read More Digital Asset Insights #13
Gas is rising and not in your vehicle
As the month comes to a close, Ethereum mining experiences its first rise in gas limit. The limit raised to nearly 15 million aims to relieve the congestion experienced during a transaction. This rise in limit met an increased price in the ether by 2.8% at $2,456. With the increased limit, there is bound to…
Read More Digital Asset Insights #12
New ETFs launched and crypto payments get an uplift
Last week was filled with a lot of activities quite unlike the one before. With so many things going on in the digital currency community, a few things are worth noting. During the week, CI Global Asset Management and Purpose Investment were approved to launch an exchange-traded fund (ETF) in Canada. This new ETF offers…
Read More Digital Asset Insights #11
Central Bank Digitization on the rise
This new week seems to be geared towards the digital asset space which, as many believe, is getting ready for another surge in price. While many are holding their positions, others secure theirs by adding more to what they have already. A case in point is Meitu, the Chinese application developer that increased its total…
Read More Digital Asset Insights #10
SEC raises regulation calls and Visa backs crypto
This week marks both the end of March and the beginning of April. Filled with such promise, the week saw the emergence of various noteworthy events. The first is the Mayor of Miami’s intention to turn the city into a “clean energy” bitcoin mining hub. The Mayor, who in an interview, stated that bitcoin had…
Read More Digital Asset Insights #09
Africa and America Dive into Blockchain
Traders, investors, and enthusiasts of the digital currency community experienced what seems to be a downer this week. The week’s highlight is the change in the price direction of Bitcoin, which was heading towards $50,000 but slipped back 5.7% over 24hours-ranging between $44,180.99 – $49,325.91 (according to CoinDesk 20), leaving traders with a bearish signal…
Read More Digital Asset Insights #08
Bitcoin ATMs explode and De-Fi on the rise
The week was relatively uneventful in the digital currency world. However, things began to take a new turn as the Hong Kong-based Crypto.com became a Visa Australia principal. This allows the payment platform to extend its card offering services to the nation. This also gives them a direct relationship with the customers. The groundwork was…
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